The Guaranteed Income Supplement (GIS) is integral to Canada’s social security system and is specifically designed to provide financial assistance to senior citizens. This program targets those already recipients of the Old Age Security (OAS) pension but whose incomes fall below a specified threshold.
The primary objective of the GIS is to ensure that elderly individuals living on limited incomes receive additional financial support. This category typically includes seniors who may not have substantial personal savings, pensions, or other income sources post-retirement. Upcoming GIS Annual Adjustments Eligibility Criteria for Guaranteed Income Supplement
Income Threshold for the GIS GIS […]
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